Notes to SEFA
The federal loan program listed subsequently is administered directly by Defiance College, and balances and transactions relating to this program is included in the College’s basic financial statements. Loans outstanding at the beginning of the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at June 30, 2025 consists of: ALN 84.038, Federal Perkins Loan Program, $129,281.
There were no subrecipients during the year ended June 30, 2025.